Arkansas Finance Department Repeals Enterprise Zone Tax Incentives Rule

The Arkansas Department of Finance and Administration adopted a regulation repealing Enterprise Zone Rule 1989-1 related to gross receipts and use tax. The regulation eliminates provisions that authorized sales and use tax refunds and income tax credits for qualifying businesses located in designated enterprise zones, including requirements for the employment of residents and the use of Arkansas suppliers. The repeal took effect Dec. 22. [Ark. Dep’t of Fin. & Admin., Reg. Section 1989-1, 12/22/25]